Rebirth of the Wild Age

Later, there was a film in the United States called "Social Network", which was shot based on Zuckerberg. In order to create "realism" for the film, the director performed various details restoration, and even every piece of clothing worn by the male protagonist is the same style that Zuckerberg once wore.

However, the archetypes of all the characters in the play expressed absurdity in interviews, and the plot of the story is basically fabricated.

Moskowitz, who was downplayed in the film, is currently the only Facebook employee. Of course, you can also say that he is the founding shareholder, because Zucker Burke can't afford a salary, so he gave his roommate Moskowitz a 5% stake, and then asked the roommate to do campus promotion and help write code.

Facebook was able to get out of the Harvard campus and became popular in more than a dozen colleges and universities in the United States in a short period of time. There must be a great contribution from Moskowitz.

As for Zuckerberg’s other roommate, Chris Hughes, the old man later insisted that he was a co-founder and was portrayed as a programmer in the film. However, Hughes is neither a programmer nor a co-founder, he is just Zuckerberg's roommate. Later, the website was too busy, and Zuckerberg had no money to hire people, so he asked his roommate Hughes to help-initially he didn't give any shares, it was purely a help among friends. But when they bypassed Saverin to register a new company, Hughes took the initiative to ask for equity, so Zuckerberg gave him a 2% equity.

The 2% equity in Hughes's hands before the financing turned into 700 million US dollars. He also used this as a springboard to join Oguanhai's election team, claiming to be the person around Oguanhai who knows the Internet best.

Judging from Hughes's experience, choosing the right college roommate is very important!

When Song Weiyang came to the door, Hughes hadn't formally joined the team. Facebook's equity structure was Zuckerberg (65%), Savelin (30%), Moskowitz (5%).

In the coffee shop, Moskowitz kept looking at his watch and muttered, "Why isn't Song coming yet?"

"Perhaps, big people are going to be late." Zuckerberg said humorously.

Zuckerberg is still a pure hanging silk, but unlike what is described in the movie, he did not sharpen his head and want to enter the Harvard Phoenix Club, and he has not been dumped by his ex-girlfriend who despises him. Founded the predecessor of Facebook after breaking up in love. The movie is made for people to watch, and it is necessary to increase the kind of **** drama conflict: the hanging silk man climbs up with all his heart, starts his entrepreneurial road after falling out of love, and turns into a scheming boy to successfully counterattack. What a wonderful story!

But it is undeniable that Zuckerberg really wants to climb up, and there must be a little snack machine. He was carrying a slow coffee at the moment, seemingly calm, but in fact he was already anxious, afraid that the rich man from China would let him dove.

Last night, Zuckerberg even specifically checked the "Forbes Global Billionaires List" and found that Song Weiyang's assets are only more than 20 million U.S. dollars away from the 50th one, but his age is more than 30 years behind. A young man of only 28 years old, almost ranked in the top 50 of the world's richest list, which shocked Zuckerberg, and his heart was surging: the same should be true for a man!

What's even more rare is that this rich Chinese man clearly understands the Internet and first proposed the concept of Web2.0 that made the IT industry crazy. He invested in Sohu and NetEase, the market value has soared by more than 30 times last year, and his investment in Google will soon go public. Now he has taken a fancy to his Facebook again, indicating that his website is very promising, and he might not be the next Sohu, Netease and Google!

"Is it him?" Moskowitz pointed to the door and said in a daze, "Asian people look the same in my eyes."

Zuckerberg stood up quickly, took a step and retracted, carefully adjusted his expression, smiled and waved: "Hey, Mr. Song, we are here!"

Song Weiyang walked over unhurriedly, smiled and shook hands and said, "Hello, this is Song Weiyang, this is my assistant Shen."

"Hello, Mr. Song, this is Zuckerberg, and this is my partner Moskowitz." Zuckerberg said with a polite smile and nodded at the thoughtful smile, and even glanced at the two behind Song Weiyang. Bodyguards.

Moskowitz’s personality is very lively. He shook hands with Song Weiyang familiarly and said, “Mr. Song, the Chinese website called Renren is really great. It has inspired us a lot. If the negotiation goes well, we hope people Ren.com can send an employee over to help Facebook develop and grow rapidly."

Zuckerberg secretly stepped on his roommate's foot, smiled with a calm smile on his face, and said, "Mr. Song, Miss Shen, please sit down!"

Song Weiyang asked for a few cups of coffee and asked the two bodyguards to go to the next table before saying: "Since you have visited Renren.com, then you know why I want to invest in Facebook because the two websites are very similar. This time I I came to the United States to discuss the issue of Google’s listing. I found Facebook when I was online in the hotel. This coincidence is called fate in China. Perhaps it was fate that made me make this investment."

"I know fate. I talked to a Chinese-American friend. Her family opened a Chinese restaurant." Although Zuckerberg was anxious, he still talked about this digression with Song Weiyang.

Song Weiyang asked: "Have any investors contacted you before?"

Zuckerberg said: "Yes. Just a few days ago, a company called Friendster wanted to acquire our website. But the other party's bid was too low, and it was still a full acquisition, which I couldn't accept."

"How much does that company bid?" Song Weiyang asked.

"One million dollars." Zuckerberg didn't blink his eyes when he lied, and he just magnified it 10 times, which didn't seem to be too much.

Song Weiyang smiled slightly: "After encountering Facebook, I searched for other websites and found that there are many similar American online communities."

"But none of them are as good as Facebook!" Zuckerberg immediately emphasized.

Song Weiyang asked: "What is your estimate of Facebook's valuation?"

Zuckerberg the Lion opened his mouth: "10 million dollars!"

Moskowitz next to him suddenly widened his eyes, because they had previously discussed the 5 million yuan, Zuckerberg unexpectedly doubled temporarily.

Song Weiyang couldn’t help laughing: "Haha, littleboy, are you telling me a joke? If so, I might as well go back to the hotel to watch the Oprah talk show. Or, it’s because I came here in person, so Do you think I'm bound to win against Facebook?"

Zuckerberg became a little guilty, but he insisted: "Mr. Song, only half a month after Facebook was founded, half of Harvard students have registered as members. Now, we have grown to more than 10 universities in the United States. , If it develops at this speed, it will be able to occupy all colleges and universities in the United States by the summer at the latest. By that time, Wall Street venture capital will definitely come to the door, and they will be rushing to ask for a valuation of 10 million US dollars!"

"But now, Facebook has not yet developed to that scale," Song Weiyang said thank you to the waiter, picked up the candy cube and said, "A lot of accidents can happen in a few months. For example, I can spend 10 million US dollars and send Renren went to the United States to set up a social networking site. The content is a collection of Renren and Facebook. I believe it will develop faster than Facebook! Do you still have money? If you want to develop Facebook to colleges and universities in the United States, I’m afraid you even rent a server. I can't get the funds."

Zuckerberg couldn't help but sit up straight and asked, "So, how much does Song think Facebook is worth?"

"It doesn't matter how much the valuation is. I invest 1 million US dollars and give me 30% of the equity," Song Weiyang asked with a smile, "Am I very generous?"

Why only need 30% equity?

Because that is a red line for angel financing, a lot of **** facts tell investors that financing accounts for more than 30% of the shares will die miserably. The higher the shares of the investors in the first round, the more it will affect the subsequent financing, because you have to leave some profit margins for latecomers, and at the same time, leave enough equity for the founding team to motivate employees. In addition, there are seed rounds and angel rounds of investment. The evaluation of the project is not necessarily accurate. It is the correct way to invest less money and spread the net.

Song Weiyang originally invested in Sohu and Google and won a large amount of equity in one go. That was because the entire Internet environment was extremely crazy, and there was the foresight of the traveler. If it were changed after the Internet bubble burst and Song Weiyang alone took up so many shares of Google, Sequoia Capital would be a fool to come to raise funds.

Now that the crazy age has passed, if Song Weiyang eats more than 30% of Facebook's shares in one go, it can almost be judged that Facebook is going to die, because no latecomer is willing to continue to invest money. At that time, Song Weiyang could only keep throwing money into it until Facebook became unstoppable!

There is also a reason why Google’s other shareholders joined forces to suppress Song Weiyang, because Song Weiyang was too ugly at the beginning, and he took too much equity in the seed round of investment.

Zuckerberg converted it and frowned, "Too little."

Song Weiyang smiled and asked, "I want too few shares?"

"The valuation is too small!" Zuckerberg was a little angry.

If it were changed to a month ago, Zuckerberg would be very happy because he has no confidence in Facebook, and even he also opened another website at the same time. But now it's different. Facebook's development momentum is very strong, and it will definitely wait for Wall Street venture capital to continue.

Or because there is no money, the rent of the server is almost unable to pay, otherwise Zuckerberg will directly choose to refuse.

Historically, it was Saverin who spent another $10,000 in pocket money to get Facebook through the financial crisis. Just five months later, Facebook was valued at US$5 million, and Saverin’s shares were diluted by financing without knowing it. Of course, Savelin was not born to be a victim of a blow. Prior to this, he directly froze the company's account.

It was like this. In the beginning, Saverin was more active. He invested in the company, and also found a house for the company and the president. But then he was admitted to the business school for further studies, and got an internship opportunity in a big company on the West Coast, so he turned a blind eye to Facebook ~www.readwn.com~ and disappeared at the most critical juncture of the company's development.

This made the other three shareholders directly create a new company, kicking Saverin out of the ranks of founders. But Zuckerberg did things quite honestly. The new company still retained Savelin's equity. Instead, Savelin directly froze the account of the old company, causing the new company to almost go bankrupt due to lack of money.

Zuckerberg thought for a long time and said: "I only need half a million dollars, how about giving you 20% equity?"

"Are you really good at negotiating, are you taking the initiative to bargain for me?" Song Weiyang couldn't help but smile, because Zuckerberg's words made Facebook's valuation even lower.

But it also proved that this kid with a horse face is very assertive about the company's development and would rather ask for less money than hand over more shares.

Zuckerberg finally lifted his pretense and said, "Mr. Song, Facebook is indeed short of money, but I only need half a million dollars, and you want too many shares. If you can’t accept it, Then I give up this financing."

Song Weiyang said: "Let's do it. I still invest 1 million yuan, and you give me 25% of the shares."

Moskovitz could not bear the temptation at first, and quietly pulled Zuckerberg's clothes corner, implying that his roommate would accept it as soon as he saw it, so as not to end up in a mess.

Zuckerberg struggled and finally said: "Thank you Mr. Song for financing. I don't think you will regret it. Facebook will definitely become the number one online community in the United States."

"Then, happy cooperation!" Song Weiyang smiled.

Regardless of whether it is Google or Facebook, Song Weiyang does not intend to hold it all the time, but he will certainly wait for it to grow to a sufficient scale before cashing out a small part year by year. Or even simpler, directly use the shares of these two companies to replace the shares of other companies in the United States.